Lagos February 12th (newsrangers)-Due to the instability and volatility of foreign exchange in the country, several foreign-used vehicles imported into the country have been abandoned at vehicle terminals in Tin-Can Island Ports Complex, Apapa, LEADERSHIP can report. Aside from abandonment, vehicle Importation has gone down drastically due to the same forex instability and volatility. It…
LAGOS FEBRUARY 11TH (NEWSRANGERS)-The House of Representatives Committee on Ports and Harbours has commended the Nigerian Ports Authority (NPA) for its unprecedented revenue generation and remittance into the Consolidated Revenue Fund (CRF). The committee also praised the authority for its efforts in infrastructure and equipment renewal at the nation’s seaports despite challenges beyond its control….
LAGOS FEBRUARY 8TH (NEWSRANGERS)-There was pandemonium on Wednesday at the Tin-Can Island Port as hoodlums attacked members of the Lagos State Cargo and Transport Committee (LASTCOC), killing one and injuring several others. Confirming the attack to newsmen, a member of the committee, Mr Seyi Adekanbi, said they were going to Tin-Can port to inform sensitive…
LAGOS FEBRUARY 7TH (NEWSRANGERS)-Nigerians are feeling the heat, not just from their stoves, but from their wallets as the price of Liquefied Petroleum Gas (LPG), commonly known as cooking gas, has skyrocketed to N1,300 per kilogram. This sharp increase, up from less than N500 in 2018, has sent shockwaves through households nationwide, adding another layer…
LAGOS FEBRUARY 5TH (NEWSRANGERS)-According to Ethiopia’s Transport Minister, Alemu Sime, the country spent €6 billion alone last year importing gasoline and diesel. Apart from being financially unsustainable, the pollution levels in the cities are out of control. The only way out of the conundrum, according to Minister Sime, is an immediate ban on non-electric vehicles…
LAGOS FEBRUARY 2ND (NEWSRANGERS)-Bismi Wholesale unveils the “EmpowerMart for AED100” initiative during its 2024 Mega Fest, weaving a tale of empowerment and entrepreneurial dreams. As the curtain rises on this transformative program, the stage is set to nurture budding entrepreneurs and bolster the growth of existing businesses, including hotels, restaurants and cafeterias. A statement signed…
LAGOS FEBRUARY 2ND (NEWSRANGERS)-Chinese billionaire banker Bao Fan, who has been missing for almost a year, has resigned from his financial firm, China Renaissance Holdings Ltd. He stepped down “for health reasons and to spend more time on his family affairs,” the bank said in a statement. Mr Bao’s unexplained disappearance in February last year…
LAGOS FEBRUARY 1ST (NEWSRANGERS)-The Abuja chapter of Association of Bureau De Change (BDC) Operators has announced the closure of their business premises indefinitely from Thursday, February 1, 2024. The chairman of the Association, Abdulahi Dauran, said the scarcity of US Dollars was responsible for their decision while adding that online banking transactions and cryptocurrency were…